TAILEND RESTAURANT (ST ANDREWS) LIMITED

🌳Matureactive

SC359357 · ltd · incorporated 2009-05-08

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 16.2y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jul 2025

Net worth

—

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Licenced restaurants

Sector: Accommodation & food service

Investor take

Pursue

Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 83/100 (exceptional), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 16.2y

70/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 16.2 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: high (84/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

9 officers (6 active, 9 linked, 8 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

14 connected companies via shared directors

Filing history

63 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-07-31	2024-07-31
Average employees	-4900	-5200

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days

filing

• 1 confirmation-statement

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (34 events)Click to expand

2025-08-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-15
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-08-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-08-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-08-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-08-04
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-08-04
📄
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2022-08-04
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-08-02
📄
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2022-08-01
➕
SMITH, Hayley appointed
director
2022-08-01
➕
SMITH, Ross appointed
director
2022-08-01
➕
SPINK, Darren appointed
director
2022-08-01
➕
SPINK, Jess appointed
director
2021-12-07
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-01-06
📄
capital-alter-shares-subdivision
capital · SH02
2021-01-06
📄
resolution
resolution · RESOLUTIONS
2020-11-13
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-08-12
📄
mortgage-satisfy-charge-full
mortgage · MR04
2020-08-12
🔓
Charge satisfied #1
2020-07-08
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-06-25
🔒
Charge registered #2
Lender: Bank of Scotland PLC
2014-05-30
➕
SPINK, Aileen appointed
director
2014-05-30
➖
CROMAR, Colin William Alexander resigned
director
2010-02-24
🔒
Charge registered #1
Lender: Royal Bank of Scotland PLC
2009-05-08
🏢
Company incorporated
As TAILEND RESTAURANT (ST ANDREWS) LIMITED
2009-05-08
➕
SPINK, Gordon appointed
director
2009-05-08
➕
BRIAN REID LTD. appointed
corporate-secretary
2009-05-08
➖
BRIAN REID LTD. resigned
corporate-secretary
2009-05-08
➕
CROMAR, Colin William Alexander appointed
director
2009-05-08
➕
MABBOTT, Stephen George appointed
director
2009-05-08
➖
MABBOTT, Stephen George resigned
director

Owner dependency

73/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-6 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 70 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

43/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

primaryFamily succession underway: Not a takeover target — SPINK, Darren (same surname) appointed 2022-08-01. Pattern consistent with intra-family handover.
primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 17 years.
secondaryStable-but-static management: Company is 17 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Ailspin Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Ailspin Holdings Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

TAILEND RESTAURANT (ST ANDREWS) LIMITED

This company · SC359357

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Ailspin Holdings Limited Corporate entity	75–100%	—	75-100% shares	12/01/2021

1 historic (ceased) PSC

Mr Gordon Spinkceased 12/01/2021· 75-100% shares · 75-100% voting

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

Similar companies

Active · Hospitality · DD postcode area

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GREEN PARK LIMITED→ SC170546 · est 1996	£2.29M £1.72M–£2.86M	£3.47M	—	5500	29y	84	65y
APPLETREE (FORFAR) LIMITED→ SC388969 · est 2010	—	—	£5.6k	—	15y	82	71y
BAXTER CROWE DEVELOPMENTS LIMITED→ SC216197 · est 2001	—	—	£71.0k	—	25y	82	68y
BROOKPEAK LIMITED→ SC358190 · est 2009	—	—	£5.5k	—	17y	82	60y
C. & S. SCHOFIELD LIMITED→ SC285780 · est 2005	—	—	—	0	20y	82	74y
CAMVO 197 LIMITED→ SC392612 · est 2011	—	—	—	2	15y	82	68y
ITC (SCOTLAND) LIMITED→ SC285302 · est 2005	—	—	—	3	20y	82	80y
KELVIN HOTEL (OBAN) LTD→ SC338208 · est 2008	—	—	£574.5k	—	18y	82	66y
LINDSAY STREET PROPERTIES LIMITED→ SC067260 · est 1979	—	—	—	4	47y	82	71y
THE GOLFY LIMITED→ SC356796 · est 2009	—	—	—	1200	17y	82	60y
THE STRATH BAR LIMITED→ SC304587 · est 2006	—	—	—	200	19y	82	66y
DUNDEE SURVIVAL GROUP CHARITABLE COMPANY LIMITED→ SC096374 · est 1985 · no financials extracted	—	—	—	—	40y	81	82y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →

🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

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Company details

Statusactive

Typeltd

Incorporated2009-05-08

Jurisdictionscotland

Primary SIC56101 — Licenced restaurants

Registered office

Site 6 Sir William Smith Road

Kirkton Industrial Estate

Arbroath

DD11 3RD

Scotland

Filing status

Accounts

Next due: 2027-04-30

Last made up to: 2025-07-31

Confirmation statement

Next due: 2027-04-09

Last: 2026-03-26